Punjab Panchayats Demand Repeal of G Ram G Act
Punjab's village councils pass resolutions seeking repeal of the Gramin Rajasthan Sehkari Samiti Act, 2023, aligning with farmer protests. Key demands include MSP guarantee and debt waiver.
Category : Search result: tax waiver Punjab
NMC collects Rs 66 crore from tax defaulters via amnesty scheme
Nashik Municipal Corporation's amnesty scheme recovers Rs 66 crore from 86,000 defaulters, boosting total property tax collection to Rs 208 crore. Officials confident of meeting Rs 275 crore annual target. Read more.
Student loan forgiveness to be taxed from 2026
Millions of US student loan borrowers may face large federal tax bills from 2026 as a key tax exemption expires. Learn about the impact and how to prepare.
Aaditya Thackeray's BMC Manifesto Promises 1 Lakh Homes
Shiv Sena (UBT) leader Aaditya Thackeray unveils manifesto for BMC polls, pledging one lakh affordable homes, tax relief, and a 24-hour city. Read the key promises.
Mohali MC to Seal, Auction Properties of Tax Defaulters
Mohali Municipal Corporation launches a strict drive against property tax defaulters. Major commercial & industrial units face sealing & auction if dues not cleared in 3-day grace period. Pay now to avoid action.
Punjab OTS Scheme Extended to March 31, 2026
Punjab govt extends OTS scheme deadline to March 2026, offering 100% waiver on interest & penalties for pre-GST disputes. A relief for traders & industry. Apply now!
Mohali MC seals properties over Rs 10 crore tax dues
Mohali Municipal Corporation cracks down on major property tax defaulters, including GMADA with Rs 10 crore dues. Sealing and auction drive initiated. Pay now to avoid action.
Punjab Tax Dues Scheme Deadline Extended to March 31
Punjab government extends deadline for its 'Settlement of Arrears of Tax Dues Scheme' to March 31, 2025. Traders get more time to clear pending dues with significant concessions. Act now to benefit!
Govt Debunks 85% Tax on ₹10 Lakh Bank Transactions
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
Tax Regime Choice Impacts Your Tax Outgo Significantly
With the new tax regime as default, choosing wrongly can lead to higher tax payments. Experts explain key factors like HRA, deductions, and documentation to consider for optimal tax planning in India.
GMC Waives ₹33.62 Crore in Uncollectable Property Tax
Guntur Municipal Corporation clears ₹33.62 crore from old property tax arrears after a detailed audit. The move aims to clean up records and boost future collection efficiency. Read more.
India's 2026 Tax Overhaul: Predictability & Tech at Core
India's 2026 tax landscape is set for a major shift towards predictability and technology. Explore the key reforms in Income Tax, GST 2.0, and dispute resolution that aim to build taxpayer trust.
2025 Tax Reforms: New Regime, Crypto Rules, GST Slabs
India's 2025 tax reforms reshaped personal income tax, GST, and crypto rules. Explore key changes in slabs, compliance, and the new Income-tax Act 2025. Read more.
Saudi Arabia's new sugar tax on beverages starts Jan 1
Saudi Arabia replaces its 50% flat tax with a four-tier excise duty based on sugar content from January 1, aiming to cut consumption. The UAE will implement a similar system in 2026. Read how this GCC health move affects prices.
Gurgaon MCG seals 7 properties for Rs 1.8 crore tax dues
MCG Gurgaon sealed seven properties for non-payment of Rs 1.8 crore in property tax. The drive, led by Zonal Taxation Officer Pankaj Kumar, resulted in a single-day collection of Rs 7 crore. Read more about the crackdown and the use of AI to boost revenue
Last Date for Revised ITR is Dec 31: Key Steps
Taxpayers can file revised ITR until Dec 31, 2025 for AY 2025-26. Learn how to check your refund status online and understand common reasons for processing delays.
Punjab Vidhan Sabha Passes 3 Revenue Amendment Bills
The Punjab Legislative Assembly has passed three significant revenue amendment bills aimed at enhancing tax collection and plugging leakages. The move is expected to strengthen the state's fiscal health. Read more for details.
California Wealth Tax Sparks Silicon Valley Exodus Fears
Anduril's Palmer Luckey warns California's proposed 5% billionaire wealth tax could force asset sales and home seizures. Tech elite like Peter Thiel consider leaving. Read the full analysis.
NITI Aayog Wants to Decriminalise Income Tax Offences
NITI Aayog's new paper recommends decriminalising many income tax offences to shift from fear to trust-based compliance. Could this reform boost investment and ease business?
Lucknow's New Digital Property Tax System Boosts Transparency
Lucknow Municipal Corporation launches Property Tax Management System (PTMS) for transparent, digital assessment. Ends harassment, ensures accurate calculation. Learn how it affects you.
NHM Punjab Hiring 300 Specialist Doctors
NHM Punjab invites applications for 300 Specialist Doctor posts. Apply online by Jan 8, 2026. No application fee. Salary ₹45,000/month. Check eligibility.
Brockman estate pays $750M in tax fraud settlement
The estate of Robert Brockman settles the biggest US individual tax fraud case, agreeing to pay $750 million in back taxes and penalties. Details on the $2 billion offshore empire revealed.
New Simplified Income Tax Act 2025 Takes Effect April 1
India's new Income Tax Act, 2025, replaces the 1961 law from April 1, aiming for a simplified tax regime. Read about the key changes and implications.
New Tax Regime: PPF Holds Ground, ELSS Loses Appeal
As India's new tax regime becomes the default, savers are ditching ELSS for PPF and index funds. Discover why tax-saving discipline is shifting and how to invest wisely.
ITR Processing Deadline: CPC Must Finish by Dec 31, 2026
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
ITR Refund on Hold? I-T Dept's SMS Sparks Concern
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
IT Refunds on Hold: Tax Dept Flags Mismatches in ITR Filing
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.
MCG Seals 15 Properties of Tax Defaulters in Gurugram
The Municipal Corporation of Gurugram (MCG) sealed 15 commercial properties for property tax default, recovering over ₹1.5 crore. The crackdown targets major defaulters across the city.
Punjab GST up 16%, Excise revenue surges 8.64%
Punjab's GST collections surge 16% to Rs 17,860 crore till November. Excise revenue also rises 8.64%. FM Cheema credits tech-driven enforcement & OTS scheme for boosting state finances.
3.6 Million Indians Update Tax Returns Before Dec 31 Deadline
India sees a surge in voluntary tax compliance with 3.6 million individuals revising returns. CBDT's NUDGE campaign urges corrections before the December 31 deadline to avoid penalties.
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